Hadrian Automation Wins 10-Year Tax Abatement
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Description
The Colbert County Commission approved a 10-year tax abatement agreement with Hadrian Automation, Inc. for a $321.5 million manufacturing equipment project in Cherokee. The resolution provides state and local noneducational property tax relief and construction-related tax abatements, excluding educational levies and the 0.5% county sales and use tax.
Contract Details
Vendor
HADRIAN AUTOMATION INC
Agency
Colbert County, AL
Contract Type
OTHER
Document Date
April 21, 2026
Contract Term
Ten (10) years for state and local noneducational property tax abatement starting April 21, 2026, as measured under the Act
Renewal Info
Ten-year property tax abatement period under the Tax Incentive Reform Act; abatements become null and void if the company ceases operations. No further renewal options specified.
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